growth

Green corn field with corn cobs close up.

^{Gale Pooley and Marian Tupy
December 3, 2022
Growth}

Healing Peter’s Pessimism

_{Gale Pooley and Marian Tupy
December 3, 2022
Growth}

While it is easy to be pessimistic if you compare today to utopia, a much better perspective is to look at yesterday and see how far we’ve come in our journey to lift everyone from poverty. We’re experiencing growth in material abundance, time abundance, and choice abundance. Welcome to Superabundance! Read More ›

^{Gale Pooley
October 21, 2021
Wealth Creation}

The Reason We Are So Rich Is That There Are So Many of Us

_{Gale Pooley
October 21, 2021
Wealth Creation}

Adam Smith understood this back in 1776. If you want to get rich, have lots of people you can sell to. Large markets also allow people to develop their skills and specialize in such things as drug and software development. Read More ›

^{Gale Pooley
October 15, 2021
Growth}

More Interesting Thoughts About Time Prices

_{Gale Pooley
October 15, 2021
Growth}

Time prices offer a number of useful tools to provide additional perspectives on changes in abundance over time. Thinking in time can make much more sense than thinking in money. Read More ›

Three smartphones close-up on a white background.

^{Gale Pooley
October 6, 2021
Growth}

Apple Created $103 Trillion in Consumer Value

_{Gale Pooley
October 6, 2021
Growth}

ale University economist and co-winner of the 2018 Nobel Prize in Economics, William Nordhaus, estimated that producers capture around 2.2 percent of the benefits of technological advances. That would leave 97.8 percent of those benefits to the consumers of those products. Read More ›

Ponzi Scheme text with document brown envelope and gavel isolated on office desk.

^{Nathan Lewis
September 12, 2021
Growth}

Demographic Collapse #2: Ponzi Schemes

_{Nathan Lewis
September 12, 2021
Growth}

I have been arguing that a decline in population (“demographic collapse”) need not be a bad thing. If per-worker productivity remains high, or better yet rises considerably, then individuals and the society in general will remain wealthy and prosperous. Read More ›

Panorama view aerial view new development neighborhood in Cedar Hill, Texas, USA in morning fall with colorful leaves. A city in Dallas and Ellis counties located 16 miles southwest of downtown

^{Gale Pooley
August 27, 2021
Growth}

Population Growth and Resource Abundance

_{Gale Pooley
August 27, 2021
Growth}

Are resources becoming more or less abundant? To answer this question we analyzed the change in the time prices of 50 basic commodities from 1980 to 2020. Recall that 1980 was the year Julian Simon and Paul Ehrlich entered into their famous 10-year $1,000 bet on the price of five metals. Read More ›

^{Gale Pooley
August 2, 2021
Wealth Creation}

Space Rides in 2041: $4.53

_{Gale Pooley
August 2, 2021
Wealth Creation}

If space tourism can innovate as fast as computer technology, we all get to ride. Every flight yields new knowledge. Learning curves reduce costs 20 to 30 percent for each doubling of output. Read More ›

Incandescent light bulb hangs in the dark room

^{Gale Pooley
July 28, 2021
Growth}

Light Has Burst Forth in Astonishing Abundance

_{Gale Pooley
July 28, 2021
Growth}

Since 1830 global light abundance has increased by 43,874,900 percent. Every one percent increase in population corresponded to a 79,773 percent increase in global light abundance. Read More ›